Can you build true passive income without owning rental property?

In this episode of the Global Investors Podcast, Charles Carillo sits down with Jamie Bateman — Army veteran, ex-DOD civilian, and founder of Labrador Lending — to unpack the business of mortgage note investing.

Jamie shares how he transitioned from a W2 career to a portfolio of first-lien, re-performing mortgage notes in the Midwest and Southeast. He breaks down his buy box, deal sourcing strategy, due diligence (the 3 Ps), and the truth behind the “passive income” promise.

Whether you’re brand new or scaling your note business, this episode delivers actionable insights.

What You’ll Learn:

What is mortgage note investing and how does it work?

The difference between performing, re-performing, and non-performing notes

Why legal structures (judicial vs non-judicial states) impact strategy

How to properly evaluate a note using the 3 Ps: Property, Payer, and Paper

Common mistakes to avoid before buying your first note

How to build relationships that bring deal flow

Guest Resources:

Connect with the Global Investors Show, Charles Carillo and Harborside Partners:

◾ Setup a FREE 30 Minute Strategy Call with Charles:

◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/